#growth of eHealth market in India

[knowledgevox]

#growth of eHealth market #growth of eHealth market in India #knowledgevox

[bhushans]

Beyond Borders: The ePharmacies Market Offers Hope for Millions

The global  ePharmacy market is anticipated to have a market value of US$351.9 billion by the end of 2033, indicating that it is ready for growth. The noteworthy expansion signifies a Compound Annual Growth Rate (CAGR) of 14.3%, propelled by the growing ubiquity of electronic commerce and the growing utility of virtual pharmacies. The market was estimated to be worth US$81.5 billion in 2022.

With the growth of e-commerce and internet usage, there is an increasing demand for mail-order drugs. Many internet pharmacies are referred to as “ePharmacies” throughout the world. They provide door-to-door delivery.in addition to the prescription and OTC medicine distribution. Patients no longer need to visit the pharmacy thanks to ePharmacy,  and the ease of ordering across numerous provider platforms has aided in industry expansion. The advent of digital health, or eHealth, and the internet’s explosive growth have increased demand for online pharmacies.

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Eading In addition, ePharmacy companies provide pharmaceuticals at a lesser price than traditional brick-and-mortar pharmacies. The increased investment in the healthcare industry by major e-commerce businesses is expected to propel the ePharmacy market’s growth over the forecast period. A sizable patient population worldwide chooses doorstep delivery of medical supplies due to certain prescription medications not being available in retail pharmacies. ePharmacies greatly lessen the need for elderly individuals and those suffering from long-term illnesses to depend on third parties in order to obtain their prescription drugs and medical supplies. In a similar vein, it is projected that rising internet awareness and usage will boost ePharmacy market sales.

Competitive Landscape:

industry players are investigating a variety of growth tactics in an effort to obtain a competitive advantage and strengthen their positions in the industry. Growing customer needs are projected to drive considerable expansion in the global ePharmacy industry. Indirectly driving market expansion are online retail platforms’ convenient access to regulated prescription medications such analgesics, stimulants, and hypnotics that cause sedation.

Recent Market Developments

In September 2022, a partnership was formed between Walmart Canada and Canada Health Infoway. In 14 Walmart Canada pharmacies, Infoway’s PrescribeIT computerized prescribing service is now available.

In May 2020, Pharmeasy announced the acquisition of Medlife to broaden its product offerings and clientele in India. The company’s market presence has been expanded due to this acquisition, and sales have increased.

Similarly, recent developments have been tracked by the team at Future Market Insights related to companies in the ePharmacy market, which are available in the full report.

Key Companies Profiled:

Netmeds Marketplace Ltd.

TEasyMedico

Medlife

Amazon. Inc

Apotek

The Kroger Co.

Walgreen Co.

Giant Eagle, Inc.

Walmart

Express Scripts

CVS Health

Optum, Inc.

L Rowland & Co (Retail) Ltd

Zur Rose Group AG

McKesson Corporation

SHOP-APOTHEKE EUROPE N.V.

UK Meds Direct Ltd.

Walgreens Boots Alliance, Inc.

DocMorris

Key Segments Covered in ePharmacies Industry Research

By Product:

Over the Counter Product

Prescription Medicines

By Region:

North America

Latin America

Europe

East Asia

South Asia

Oceania

Middle East & Africa

#ePharmacies Market

[analyticalmarketresearch]

Global Satellite Connectivity in Healthcare Market ,Analysis, Market Segmentation and Future Forecasts to 2030

Overview

Global Satellite Connectivity in Healthcare Market was valued at USD 8.1 billion in 2019 which is expected reach USD 13.1 billion at a CAGR 7.5%.

The global Satellite Connectivity in healthcare market gaining popularity from past few years and it is expected to grow in near future due to increase in prevalence of chronic diseases and increase in treatment costs. These driving factors will accelerate the adoption of faster technology in healthcare sector. Satellite connectivity is the best solution for better health services.

Market Drivers

Rise in adoption of eHealth and other services as well as growing usage of technology platforms by hospitals and medical providers are important driving factors which are expected to boost the global satellite connectivity in healthcare market. Furthermore, many governments are working towards providing improved healthcare facilities in rural areas which is expected to propel the global satellite connectivity in healthcare market growth. Also, growing prevalence of chronic diseases like diabetes, increase in medical services costs will enhance demand for advanced technologies in healthcare industry which is expected to drive the market growth during this forecast timeline. Many rural areas facing challenges such as lack of healthcare infrastructure, skilled healthcare professionals and access to health services, to overcome such challenges satellite connectivity is the best solution. Satellite connectivity offer digital imaging, e-learning & consultation, remote patient monitoring, and access to life sessions to improve knowledge of healthcare professionals..

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Market Key Players

Various key players are discussed in this report AT&T Intellectual Property, Orbcomm , Intelsat ,  Inmarsat Plc. ,  Hughes , Ses S.A. , Globalstar, Inmarsat Plc, X2nSat, and Expedition Communications.

Market Restraints

Bandwidth problems and lack of trained professionals to handle this technology are restraining factors which expected to limit the global satellite connectivity in healthcare market growth. Also, low penetration of internet services in remote areas will hinder the market growth during this forecast period.

Read More Here: https://qualiketresearch.com/reports-details/Satellite-Connectivity-in-Healthcare-Market

About Us:

QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers.

QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence.

QualiKet Research strive hard to simplify strategic decisions enabling you to make right choice. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition. Our experts provide deep insights which is not available publicly that enables you to take bold steps.

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#Global Satellite Connectivity in Healthcare Market #Global Satellite Connectivity in Healthcare Market size

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Technological Trends in Indian Healthcare Sector | BDBIPL

According to industry estimates, there are a number of fascinating healthcare technology developments for 2023 that could fundamentally change the sector. According to the most recent developments in the healthcare industry, it is obvious that more innovation is afoot in the field and that this will take centre stage in headlines all throughout the year.

Indian pharmaceuticals have again demonstrated their leadership, and this time it was in the creation of the Covid-19 vaccinations that prevented millions of deaths worldwide. After Covid-19, domestic pharmaceutical businesses, which were previously known for their low-cost generic drug manufacturing, are now praised for their high-quality R&D ecosystem, a stunning transformation from being seen as a volume maker to a value generator.

India’s Healthcare Industry

 The healthcare sector in India has seen a significant increase in employment and earnings. The fast growth of the Indian healthcare sector is being fueled by the increase of services and spending by both public and private organisations.

In the last few decades, technology adoption has fundamentally changed the healthcare industry in India, and the epidemic has sped up the process

According to public health professionals, India’s healthcare system must strike a balance between providing excellencare at premium urban institutions and ensuring that the vast majority of the rural population has access to appropriate medical facilities.

With India moving forward, the virtual or remote healthcare sector will be crucial.

In the future, a larger application of “humanless” systems and technologies is anticipated, particularly in surgery, prosthetics, medicines, healthcare logistics, and pharmaceutical manufacturing, among other fields.

The Indian healthcare industry is anticipated to grow by three times, at a CAGR of 22% between 2016 and 2022, from US$ 110 billion to US$ 372 billion. By 2025, it is predicted that the ehealth market would be worth US$10.6 billion.

By 2025, the Indian government wants to spend 2.5% of the nation’s GDP on public health. The higher success rate of Indian businesses in receiving Abbreviated New Drug Application (ANDA) approvals is another factor contributing to India’s competitive advantage. India also provides a wide range of R&D and medical tourism options.

Share of Market Segments of Healthcare Sector in India

Hospitals made up 70% of the country’s entire healthcare market in FY 2021, with pharmaceuticals coming in at 20% and medical technology at 10%. The long-term market forecast for hospitals in

India's Healthcare Market Distribution 2019–2030 by Type of Provider (%)

India's Healthcare Market Distribution 2019–2030 by Type of Provider (%)

1. Demographic, epidemiological and health transitions

Rising Income

Inceasing life expectancy

2. Travel for Medical Value

India is quickly becoming an alluring travel destination for medical value travellers from all over the world, with many

3. Environment for Policy Enablement

The execution of numerous expansive and ambitious projects like Ayushmann Bharat

PLI programmes and initiatives to promote medical device parks

4. Vast Demand – Supply Gap

Increased investment is required in the sector

Public-private partnership (PPP) model emergence in the industry

Technological Trends

The impact of trends that emerged in the previous year will continue to be felt by the healthcare sector as 2023 progresses. Multi-omics and molecular diagnostics, individualised care, and digital health solutions are all gaining tremendous pace and will have a significant impact on how healthcare is delivered in the future. From AI-enabled products to digital ecosystems, the sector is already making efforts to fully realise the potential of cutting-edge technologies.

1. Applied Machine Learning and Artificial Intelligence

Future trends in healthcare technology may be influenced by machine learning and artificial intelligence. They will help to improve healthcare providers’ access to, familiarity with, and management of forecasts, tracking, treatment, and diagnosis.

2. The Next Generation Of Precision Medicine Is Being Driven By Multi-Omic Technology 

The movement towards precision medicine is led by next-generation sequencing technology. Multi-omic technologies, which first emphasised genetic (entire set of genes in the genome of a cell) and proteome ( set of proteins produced by a cell) analysis but now include transcriptomics, metabolomics, epigenomics, microbiomics, and phenomics, is what’s really powering the next generation of precision medicine.

3.Virtual Communities for Patient Engagement

The growth of virtual communities and patient care is another one of the top healthcare trends in India 2023. More of these communities will be created by healthcare providers so that patients can interact with one another and the healthcare system while having access to vital information.

4. Internet of Medical Things (IoMT)

The Indian government, through a number of programmes and policies, is actively attempting to improve the availability and affordability of healthcare for its inhabitants. IoMT devices are anticipated to play a significant role in determining the future of Indian healthcare, and the government is also pushing public-private partnerships to enhance the nation’s healthcare infrastructure.

5. Digital health solutions will continue to evolve

Healthcare businesses have been driven by the pandemic to reconsider their digital strategy and create tools that enable the delivery of healthcare online.

6. Personalised healthcare

With the forthcoming idea of precision medicine, we anticipate healthcare to adopt a personalised approach rather than the same medicine for everyone mentality.

7. Wearable devices becoming mainstream

Healthcare businesses have been driven by the pandemic to reconsider their digital strategy and create tools that enable the delivery of healthcare online.

Conclusion

India’s healthcare providers seized the chance and made investments in telehealth and telemedicine, whose use is anticipated to increase. The healthcare industry in India is embracing technology quickly and placing a greater emphasis on machine learning, big data analytics, and artificial intelligence. Healthcare providers have begun deploying robots to do high-volume, repetitive operations that require human labour thanks to robotic process automation.

BDB is a prominent name in the realm of Hospital Feasibility Study Research Companies in India. With extensive expertise and experience in the healthcare sector, BDBIPL specializes in conducting comprehensive feasibility studies for hospitals across the country.

#Hospital feasibility study research companies in india

[market-insider]

Digital Health Market 2022 | Telehealthcare Segment Dominated The Market

The global digital health market size is expected to reach USD 809.2 billion by 2030. According to a new report by Grand View Research, Inc, it is expected to expand at a CAGR of 18.6% during the forecast period. Rising smartphone adoption, improved internet connectivity with the launching of 4G/5G, advancement in healthcare IT infrastructure, rising healthcare costs, the rising penetration rate of chronic diseases, increasing adoption rate of remote patient monitoring services, and rising accessibility of virtual care are some of the major factors that fuel the industry growth. Furthermore, key players are focusing on introducing advanced applications to track daily activities, get information about medical queries, connect to physicians and store their health information. Tech giants like Apple, Google, and IBM are working to improve user experience by launching numerous subscription plans and improving data security features.

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At present, telehealth and telemedicine services are receiving recognition from the healthcare industry and government bodies. Governments across the globe are introducing new initiatives to promote digital health. For instance, during the 2022 budget session, the Government of India introduced a digital health ecosystem under Ayushman Bharat Digital Health Mission (ABDM). The government invested more than 3.5 million in this program in order to advance the digital healthcare infrastructure.

The growing penetration rate of chronic diseases such as CVD, cancer, diabetes, and others further fuels the market growth as chronic conditions require continuous monitoring and digital health platforms help in monitoring chronic conditions from any place and at any time. Furthermore, COVID-19 impacted the market positively as a large percentage of the patient population opted for telemedicine and telehealth solutions due to infection risks and lockdown scenarios. 

In 2022, telehealthcare dominated the market with a revenue share of 41.5%. The market growth can be attributed to the rising penetration of smartphones, and improvement in internet connectivity. Advancements in the healthcare IT infrastructure and the launching of new platforms and solutions further fuelled the segment’s growth.  In 2022, North America dominated the industry with a revenue share of 44.3%. North America is one of the very first regions to adopt smart healthcare solutions, including various technologies such as mobile apps, smart wearables, and eHealth services, like EHR & telemedicine services, for remote access to information on serious & chronic healthcare conditions. Factors such as rapid growth in the adoption of smartphones, advancements in coverage networks, rise in the prevalence of chronic diseases, increase in geriatric population, rise in costs of health care, acute shortage of primary caregivers, and increase in need for improved prevention & management of chronic conditions are responsible for the growth of digital health services in the region. 

#Digital Health Market Size & Share #Global Digital Health Market #Digital Health Market Latest Trends #Digital Health Market Growth Forecast #COVID-19 Impacts On Digital Health Market #Digital Health Market Revenue Value

[esglatestmarketnews]

Hospital Information System Market Analysis, Global Trends, Status, Industry Insights to 2028

Hospital Information System Industry Overview

The global hospital information system market size was valued at USD 57.1 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.9% from 2021 to 2028. 

Rising government initiatives and increasing demand from hospitals to deploy advanced IT solutions for effective operational efficiency are some of the key factors for the increase in the adoption of hospital information systems (HIS). The increasing need to reduce healthcare expenditure due to hospital workflow inefficiencies is expected to increase hospital information systems implementation worldwide. Thus, the growing demand for reduced healthcare costs and effective clinical outcomes is one of the key factors responsible for the adoption of information systems in developed economies and also in emerging economies, such as India, China, the Philippines, and Brazil.

Developing and developed regions are struggling to achieve high care delivery standards, which are both cost-effective and quality-oriented with minimum medical errors. With the help of HIS, providers are now able to streamline their workflows by offering enhanced patient outcomes about costs through investigational mining of electronic patient records for identifying inherent medical inaccuracies in the system. It enables them to offer cost-effective services to patients while reducing resources wastage. Moreover, increasing penetration of technologically advanced hospital management solutions is also aiding the market growth.

Gather more insights about the market drivers, restrains and growth of the Global Hospital Information System Market

The increased implementation of healthcare IT solutions and services by hospitals to provide enhanced patient care at reduced expenses, coupled with the growing need to upgrade already existing information systems, is likely to be a key driving factor. Moreover, consistent upgrades in healthcare and IT infrastructures along with increased adoption of cloud computing in hospital settings are also contributing significantly to the market growth. Since, healthcare data is subject to stringent regulatory oversight to ensure patient confidentiality, safe and secure storage, user-level authorization, traceability of information, and mitigation of other cybersecurity threats. Thus, hospitals are switching from on-premises deployments to cloud-based information systems to maintain high data security and avoid security breaches.

In addition, the growing adoption of EHR systems among developing economies owing to increased utilization of electronic health records for patient-centric care is expected to significantly boost the market growth over the next few years. EHR emerged as one of the key potential segments in hospital information systems, primarily owing to the rising demand for streamlining electronic healthcare solutions, technological advancements in healthcare information IT, and growing demand for EHR-integrated tools. Also, government initiatives promoting EHR are likely to propel the demand for electronic systems. EHRs offer a range of advantages to hospitals and patients, ultimately leading to increased system productivity and patient satisfaction.

Furthermore, associated benefits with these information systems, such as operational cost-reduction minimized errors in the end-use facility, and increased successful operational outcomes, are expected to propel market growth. Moreover, government initiatives supporting eHealth programs in developed as well as developing regions and incentives promoting information systems implementation in hospital settings in certain countries are further expected to drive the market over the forecast period.

Browse through Grand View Research's Healthcare IT Industry Research Reports.

• 5G In Healthcare Market: The global 5G in healthcare market size was valued at USD 34.1 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 34.5% from 2022 to 2030. The global market is driven by the rising adoption of robotic surgery and telehealth.

• Women’s Health App Market: The global women’s health app market size was valued at USD 2.7 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 19.45% from 2022 to 2030. The increasing incidence of diseases among women and the high penetration of smartphones is expected to drive the market growth. 

Hospital Information System Market Segmentation

Grand View Research, Inc. has segmented the global hospital information system market report on the basis of type, deployment, component, and region:

Hospital Information System Type Outlook (Revenue, USD Million, 2016 - 2028)

• Electronic health record

• Electronic medical record

• Real-time healthcare

• Patient engagement solution

• Population health management

Hospital Information System Deployment Outlook (Revenue, USD Million, 2016 - 2028)

• Web-based

• On-premises

• Cloud-based

Hospital Information System Component Outlook (Revenue, USD Million, 2016 - 2028)

• Software

• Hardware

• Services

Hospital Information System Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America

• Europe

• Asia Pacific

• Latin America

• MEA

Key Companies profiled:

Some prominent players in the Global Hospital Information System Market include

• Carestream Health

• Siemens Healthineers

• McKesson Corporation

• Philips Healthcare

• Merge Healthcare Inc. (IBM)

• GE Healthcare

• Cerner Corporation

• Allscripts

• NextGen Healthcare

Order a free sample PDF of the Hospital Information System Market Intelligence Study, published by Grand View Research. 

#Hospital Information System Market #Hospital Information System Market size #Hospital Information System Market share #Hospital Information System Market analysis

[marketresearchtrendsblog]

IT-Enabled Healthcare Market by Emerging Trends and Forecast 2020-2025

IT enabled healthcare is huge field which uses the IT for maintaining, developing, creating and designing information system in the area of healthcare. Healthcare information technology system contains new, latest and advanced technology which enhanced the healthcare system globally. In IT enabled healthcare system the organisation will communicate with each other through electronic message and exchange information or data electronically. The main advantage of this system is that it will maintain many clients with minimum cost efficiency and minimize the errors related with healthcare service. Different wireless technique are present in market includes WMAN, WWAN, WLAN and bluetooth so it increases the effectiveness of the IT enabled healthcare system.

The IT-enabled healthcare market is expected to exceed more than US$ 262 Billion by 2025.

The major driving factors of IT-enabled healthcare market are as follows:

eHealth programs and government projects Increasing frequency of chronic diseases includes cardio vascular diseases, cancer and diabetes Improved accuracy and efficiency of IT-enabled healthcare

Read more information about Global Market with Impact of Covid-19

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The restraining factors of IT-enabled healthcare market are as follows:

Data Security concern in healthcare IT Systems Problem regarding to interoperability of various IT-enabled healthcare Solutions The IT-enabled healthcare market is segmented on the lines of its software type, service type and end user. Under software type segmentation it covers healthcare system applications, ancillary information systems and mHealth applications. The healthcare system application is further segmented into administrative information systems, clinical information systems, electronic medical record, nursing information systems and computer aided diagnosis. Under ancillary information systems segmentation it covers pharmacy information systems and laboratory information systems. The IT-enabled healthcare market is segmented on the lines of its service type like tele-health and mhealth. Under tele-health segmentation it covers healthcare diagnostics, remote patient monitoring and healthcare education. mHealth is further segmented into solutions for patients and healthcare system strengthening solutions. Based on solutions for patients segmentation it covers information and reference services, monitoring services, diagnostic services, wellness services, treatment services and prevention services. Under healthcare system strengthening it covers emergency response services, healthcare practitioner support and healthcare surveillance. The IT-enabled healthcare market is segmented on the lines of its end user like public/private healthcare institutions, physicians, healthcare workers and individuals. The IT-enabled healthcare market is geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

This report provides:

An overview of the global market for IT-enabled healthcare and related technologies.

Analyses of global market trends, with data from 2016, estimates for 2017 and 2018, and projections of compound annual growth rates (CAGRs) through 2025.

Identifications of new market opportunities and targeted promotional plans for IT-enabled healthcare

Discussion of research and development, and the demand for new products and new applications.

Comprehensive company profiles of major players in the industry.

REPORT SCOPE:

The scope of the report includes a detailed study of global and regional markets for various types of coatings with the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include GE Healthcare, Siemens AG, IMS Health Holdings Inc., Allscripts Healthcare Solutions Inc., eHealth Technologies, E*HealthLine.Com Inc., AirStrip Technologies LP, Aerotel Medical Systems Ltd., Johnson & Johnson Healthcare Systems Inc., AT&T Inc. and Apple Inc. Company profile includes assign such as company summary, financial summary,business strategy and planning, SWOT analysis and current developments.

The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

The IT-enabled Healthcare Market has been segmented as below:

By Software Type Analysis

Healthcare System Applications Administrative Information Systems (AIS) Clinical Information Systems (CIS) Electronic Medical Record (EMR) Nursing Information Systems (NIS) Computer Aided Diagnosis (CAD) Ancillary Information Systems Pharmacy Information Systems (PIS) Laboratory Information Systems (LIS) mHealth Applications

By Service Type Analysis

Tele-health Healthcare Diagnostics Remote Patient Monitoring Healthcare Education Others (Electronic prescribing software and online support)

mHealth

Solutions for Patients Information and Reference Services Monitoring Services Diagnostic Services Wellness Services Treatment Services Prevention Services Healthcare System Strengthening Solutions

Emergency Response Services Healthcare Practitioner Support Healthcare Surveillance

By End User Analysis

Public/Private Healthcare Institutions Physicians Healthcare Workers Individuals

By Regional Analysis

North America Europe Asia-Pacific Rest of the World

Reasons to Buy this Report:

Obtain the most up to date information available on all active and planned IT-enabled healthcare industry globally.

Identify growth segments and opportunities in the industry.

Facilitate decision making on the basis of strong historic and forecast of IT-enabled healthcare industry and unit capacity data.

Assess your competitor’s refining portfolio and its evolution.

Original Source of this content: https://www.sdki.jp/reports/it-enabled-healthcare-market/105943

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Tel: + 81 3 45720790

#IT-Enabled Healthcare Market

[bigfandeer]

HEALTHCARE IT MARKET - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS 2018-2027

Overview

Healthcare IT (HCIT) is a segment of information technology responsible for the design, creation, and maintenance of systems in the healthcare space. It uses the latest technologies such as Zigbee, Bluetooth, radio frequency identification (RFID), WLAN, WMAN, WWAN, and others. The global healthcare IT market report by Market Research Future (MRFR) contains the various developments of the technology in the healthcare industry and its estimations for the period of 2018 to 2023 (forecast period). The impact of COVID-19 and its aftermath on the use of healthcare IT is included as well.

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Market Scope

The global healthcare IT market can reach a stupendous valuation by exhibiting a CAGR of 15% over the forecast period.

High need for management of regulations, growing need for curbing healthcare costs, government support for HCIT, and high returns on investments are major drivers of the market. The rise in digitization of patient records and other paperwork can bode well for the market. Adherence to new policies pertaining to insurance and compliance will be made easier with the help of HCIT.

The propagation of the COVID-19 virus has led to implementation of HCIT systems across the medical industry. For instance, American Medical Association (AMA) announced it would pay clinicians a stipend for providing telehealth services. HCIT can assist patients in home quarantine and preventing unnecessary physical contact. The development of medical applications for tracing patients of COVID-19 is one of the biggest benefits of HCIT.

Hesitation among healthcare workers and high costs of installation can hamper market growth.

Market Segmentation

The healthcare IT industry has been considered for products and services, component, as well as end-user.

With respect to products and services, the healthcare IT market caters to HCIT outsourcing services, healthcare payer solutions, healthcare provider solutions, and others.

The major components discussed in the report are software, hardware, and services.

The top industry end-users are healthcare providers, research centers, healthcare payers, government institutions and third-party administrators.

Regional Insight

The American market for healthcare IT is in the lead, primarily due to the large-scale healthcare expenditure coupled with the frequent deployment of the latest medical technologies. The US market should perform incredibly well in the coming years, thanks to the soaring need to follow the strict regulatory guidelines, government efforts with respect to eHealth, and the growing need to curb the mounting healthcare costs.

Europe could be the second strongest contender in the global market, owing to the rising pressure to bring down the huge healthcare costs coupled with the frequent technological advances in terms of IT in the healthcare industry. Local firms’ efforts to bolster their solution and service portfolio for enhanced profit margins could also work in favor of the European market in the years to come.

Asia Pacific could attain the fastest CAGR in the coming years, with the rapid development in healthcare infrastructure paired with the expanding number of healthcare IT firms in China and India. Increasing funds obtained by the research and development centers, rise in reforms that aim to improve the healthcare infrastructure and the financial assistance provided by the government can further warrant significant prospects for the APAC market.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/healthcare-it-market-5950

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half- Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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#Healthcare IT market 2021 #Healthcare IT market report #Healthcare IT market Growth Factors #Global Healthcare IT market #Healthcare IT mar

[akshay-s]

Top industries and application areas of Artificial Intelligence in 2019

2019 has been a year of drastic improvements in the field of Artificial Intelligence. It also witnessed a great deal of acceptance from the customers. 41% of the customers believe that AI will improve the quality of life in some way or the other. 33% believe that they are already using artificially intelligent applications or platforms.

This gives organizations a sense of confidence in their products and operations that incorporate Artificial Intelligence at their core. In this section, we highlight the top industries where AI has gained popularity and the top application areas of Artificial Intelligence in each of these industries.

Healthcare

Improvement in the state of healthcare system holds immense importance as it directly reflects on critical aspects such as quality of treatment, life expectancy, etc. Artificial Intelligence is playing a major role in improving diagnostics, minimally invasive surgical procedures, drug development, better patient monitoring, and getting actionable insights into patients’ real-time needs. These are just some of the many applications of AI in healthcare. Mentioned below are some critical application areas of artificial intelligence that are helping save lives.

Enlitic, a California based AI organization that develops ‘deep learning’ based tools to streamline radiology diagnosis. The deep learning platform analyses the unstructured data such as blood tests, radiology images, genomics, EKGs, etc. along with complete patient medical history. It then provides medical practitioners with actionable insights based on this data to understand patients’ real-time needs.

Enlitic has been named the 5th smartest AI company in the world by MIT. It has left behind Facebook and Microsoft in the said ranking.

Named the ‘Most Innovative Healthcare AI Developments of 2019’, BioXcel Therapeutic’s work in AI-based drug development is phenomenal. The company uses AI to identify and develop new medicines in the domain of neuroscience and immuno-oncology. They also work towards finding new applications for existing drugs with the help of AI.

There are many organizations that are working towards improving the diagnosis of cancer detection and successfully working towards improving the rate of cancer detection at earlier stages to reduce cancer-related deaths. Many companies are also working towards finding a cure for cancer in the early stages.

Agriculture

It has been stated that our planet would need 50% more food than being produced today by the year 2050. And once again, AI could be the solution to this challenging task.

PEAT is a Berlin-based start-up that has successfully designed and developed an AI application software for analyzing the nutrient profile of the soil. It can achieve this by merely scanning through the images of the soil, without even physically examining it in any way.

Some of the ways they are helping solve the problems of the agriculture industry are by enabling higher production and reduced operational cost and increasing the efficiency of cultural practices.

Apart from the information regarding the soil profile, the new age IoT-based AI modules assist with applications of climate prediction, crop management practices, fertilizer optimization, and organically nurtured produce.

Finance

Artificial Intelligence has found many applications in the Finance industry. These applications are being widely used across organizations to up their game and grab a larger chunk of market share. Some of the applications lie in credit decisions, managing risk, fraud prevention, quantitative trading, personalized banking, process automation and much more.

ZestFinance has come up with Zest Automated Machine Learning (ZAML). It is an AI-powered underwriting platform that is helping finance companies to assess the credibility of borrowers with little or no credit history. Thousands of data points are used to provide a level of transparency that other underwriting solutions fail to provide. ZAML is an end to end platform which is easily scalable.

Similarly, there are many other start-ups that are coming up with AI solutions to transform the traditional ways prevailing in the industry.

Space and Aeronautics

Artificial Intelligence has paved its way into extraterrestrial exploration and helping space scientists to find hints of life on other planets. It is being considered to send artificial Intelligence bots to other planets to conduct studies on the presence of life, based on the climatic activities and presence of natural resources around.

Another application lies with managing the humongous amount of data that is received from satellites. The significant amount of data gathered by NASA from these satellites is in the form of ocean currents, volcanic activity, ic states, and a bird’s eye view of what is happening on the Earth. The millions of bytes of raw data are organized and processed into data sets which is a tough task given the volume of data. The Advancing Collaborative Connections for Earth System Science (ACCESS) researchers use the latest machine learning and data transmission for different aspects of data management.

Top industries and application areas of Artificial Intelligence in India

India has witnessed substantial growth in the number and size of Artificial Intelligence start-ups. Many small and mid-size companies are flourishing and thriving the very challenging field of AI with their unique and promising solutions.

For many years now, cities like Bengaluru, Pune, Chennai, and Coimbatore among others have spawned many micro-industries. This is the reason behind these startups venturing into industrial AI in India.

Tarun Mishra, co-founder of DeTech Technologies says, “India is known for its software prowess and we have the talent and capabilities in machine learning, computer vision, and deep learning. The next level is building the AI layer on top and India is front-ending this revolution.”

Some of the major industries that are opening up to AI applications are healthcare, Defense, and commercial space. Let us have a look at some of the top companies and research institutes in 2019 that are applying Artificial Intelligence to solve real-world problems.

Healthcare

Niramai: Thermalytix by Niramai is a fusion of sophisticated Machine Learning algorithms to automate the process of analyzing thermal images. It is an AI-powered diagnostic engine with a high-resolution thermal sensing device and a cloud-hosted analytics solution for the analysis of thermal images identified. The SaaS solution helps with early and accurate breast cancer screening.

National eHealth Authority (NeHA) – National eHealth Authority is a government initiative and acts as a regulatory body for setting standards in the healthcare sector. The vision of this organization is to attain high quality and cost-effective health services for all Indians. It is an integrated health information system to promote setting up of state health record repositories and Health Information Exchanges (HIEs). The goal is to set up a data management system, privacy policies, guidelines, and health records of patients. The health records are monitored with the help of AI for the better cure of patients.

Cognitive Science Research Initiative (CSRI) – This initiative uses AI to overcome challenges related to cognitive disorders and related social issues. Some of the tools used are psychological tools, early diagnosis, and better therapies, rehabilitation programs, and intervention technologies all using AI.

Defence

Multi-agent Robotics Framework (MARF): This is an AI-powered multi-layered architecture that provides a plethora of military applications. It will enable collaboration among the various kinds of robots that the Indian military has already built. Some of these are Snake Robot, Legged Robot, Wheeled Robot with Passive Suspension, Wall-climbing Robot, and Robot Sentry among others.

Unmanned Systems for Military Operation: Artificial Intelligence is helping in developing unmanned military operation systems for the different terrain types of the country. Extensive research is being done in locomotion technologies to achieve a breakthrough in this technology.

Commercial Space

Rivigo: It is a true AI-enabled logistics company in the commercial space. They use AI and ML to prevent fuel pilferages using geofencing techniques and geostatistical modeling. They also use the Internet of Many Things (IoMT) sensors to monitor and analyze human behavior and prevent collisions.

Netradyne: Uses AI and deep learning to ensure driver safety with Driver. It is an assistance and monitoring device with Quad HD cameras, GPS, LTE, gyrometer, accelerometer, and most importantly a deep learning processing unit.

Research in AI fields at ISI, Kolkata

The Machine Intelligence Unit (MIU): The machine intelligence unit, abbreviated as MIU carries out research in various aspects of machine intelligence. It takes into account the advanced technologies like artificial neural networks, fuzzy logic, genetic algorithms, fractal and rough sets, etc. to convey the core concepts of machine learning and pattern recognition for industrial applications.

Currently, the department is developing these technologies individually and in an integrated manner. The objective is to solve various problems in image processing, pattern recognition, data mining, brain modeling, among other applications related to the design of intelligent systems.

The Computer Vision and Pattern Recognition Unit (CVPR): The department is pioneering the development of an Optical Character Recognition system (OCR). The system recognizes the Bangla and Devanagari scripts and performs various functions on these scripts. It performs document tilt correction, word and character segmentation, character recognition, script line, and ultimately error correction. The system functions at 98% accuracy which is outstanding.

If you wish to pursue a career in Artificial Intelligence in the year 2020, upskill with Great Learning’s PG program in Artificial Intelligence and Machine Learning. For more updates, head to our blog page.

#artificial intelligence #machine learning #Science and Technology #future technology

[healthcare-domain]

Size, Trends, Insight Future Assessment For #Patient #Engagement #Solutions Market

Large patient purchase reductions shut down of sales offices in various locations, non-renewal of purchase contract and negative impact of Covid 19 on supply chain. This led to a slight decrease in the growth of the market in 2020 since 2019. Yet, experts claim that a steady recovery is expected by second quarter of 2021.

Due to the COVID-19 outbreak, medical practices of all sizes are under immense pressure, and healthcare facilities across the globe have been overwhelmed by the large number of patients visiting them on a daily basis. The rising prevalence of coronavirus disease has driven the demand for accurate diagnosis and treatment devices in several countries across the globe.  

According to market research report, Patient Engagement Solutions Market by Component (Hardware, Software, Services), Delivery Mode (On Premise, Cloud), End User (Provider, Payer), Applications (Home Health, Financial Health), Therapeutic Area - Analysis and Global Forecast to 2025", The patient engagement solutions market is projected to reach USD 19.3 billion by 2025 from USD 11.9 billion in 2020, at a CAGR of 10.1%.  

Governments across the globe are implementing various regulations and initiatives to encourage the adoption of patient engagement solutions. For instance, in 2020, EU Health Ministers signed a declaration to collaborate and set up an eHealth common area that will allow for the free movement of electronic health records across Europe.

Concerns over patient health data security are creating barriers in the transfer of this data among various stakeholders in the healthcare industry. This, in turn, is affecting patient engagement initiatives in various healthcare organizations and is limiting the adoption of patient engagement solutions among prospective end users.

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A number of factors, such as the implementation of government initiatives supporting the adoption of HCIT solutions, rising government healthcare expenditure, and the presence of skilled IT experts in emerging Asian countries, such as China and India, are expected to support the growth of the patient engagement solutions market in Asia.

The lack of internal IT expertise in the healthcare industry necessitates training for end users in order to maximize the efficiency of various healthcare IT solutions, thereby adding to the cost of ownership of the systems.

The flexibility, scalability, and affordability offered by cloud-based solutions are supporting their growth in the patient engagement solutions market. Cloud-based solutions help healthcare organizations share and integrate information from different locations or systems in real-time.

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The patient engagement solutions market is segmented into chronic diseases, women’s health, fitness, and other therapeutic areas. In 2019, the chronic diseases segment accounted for the largest share of the global patient engagement solutions market. The large share of this segment can be attributed to the high burden of chronic diseases and the need to effectively manage these conditions while reducing the overall healthcare costs.

#Patinet #engagement #Solutions #Health

[blogaarti]

Video Conferencing Market is Projected to Reach US$ 21,907.2 Mn by the end of 2026

The vendors operating in the global video conferencing market are at an important juncture on their journey to attaining fruition. The growth of the global video conferencing market is largely driven by the adoption of virtual platforms for communication, especially across the massive corporate sector. The emergence of remote working models across businesses and industries is generating palpable demand for video conferencing platforms that are user-friendly and offer a premium user-experience. For this reason, several technology giants have invested towards developing highly functional video conferencing platforms. Google Meet, the lauded video meeting platform by Google, is a sound example of investments made by global companies in developing video conferencing technologies. 

Fairfield Market Research estimates that the total value of the global video conferencing market would touch a value of US$ 21,907.2 Mn by the end of 2026, rising from a net worth of US$ 9,790.2 Mn in 2021. The proclivity of the corporate sector towards developing remote workflows that cut-down on operational costs has given a thrust to market growth. 

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Telemedicine Makes its Way across the Video Conferencing Turf

Until a decade ago, the concept of telemedicine was restricted to online prescription of medication. However, with rapid advancements in eHealth systems and a general acceptance towards remote health checkups, telemedicine has taken a more sophisticated route. The growing popularity of telemedicine has created headways for growth across the video conferencing market. There is stellar demand for high-quality video conferencing technologies that can ensure seamless communication for teleradiology or even telesurgery. This is an important dynamic of growth that shall power sales within the video conferencing market. 

Cloud-Based Deployment of Video Conferencing Technologies to Gain Momentum

The onslaught of the COVID-19 pandemic forced companies to adopt remote models of work. Initially adopted as a crisis-communication and business continuity strategy, cloud deployment of video conferencing technologies has boded well for companies. These companies have witnessed a stupendous potential of savings through these technologies. It is found that cloud-based deployment will be the fastest growing segment within the videoconferencing market, growing at an astral CAGR of 17.4% between 2021 and 2026. 

Asia Pacific to Emerge as the Leading Regional Segment

The large population in India and China, with a growing percentage of people in white-collar jobs, has created humongous opportunities for growth within the video conferencing market. Furthermore, a formidable presence of IT giants in the region has also enabled the inflow of fresh revenues into the Asia Pacific video conferencing market. The availability of high-speed internet, powered by telecommunication giants such as India’s Reliance Jio Infocomm Limited, has impelled growth within the market. Other markets such as Europe and North America are also expanding alongside advancements in ICT infrastructure in these regions. 

Some of the leading market players existing in the global video conferencing market are Cisco Systems, Inc., Microsoft Corporation, Huawei Technologies Co. Ltd., and Zoom Video Communications, Inc. These vendors are expected to invest towards improving their video platform offerings in order to attract a larger consumer base in the times to follow. 

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About Us

Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.

#video conferencing #video conferencing market #video conferencing market trends #video conferencing market size #video conferencing market growth #video conferencing market demand #video conferencing market analysis #videotelephony #video teleconference #teleconferencing #fairfield market research

[shailysblog]

Asia-Pacific eHealth MarketShare, Size, Future Outlook, COVID-19 Impact Analysis, Forecast 2020-2026

Asia-Pacific eHealth market is projected to grow at a significant CAGR of around 10.6% during the forecast period (2020-2026). The major factors driving the market growth in the region includes the increasing government spending on healthcare infrastructure and the presence of a huge patient base of chronic diseases, such as CVD and cancer. The rise in demand for early diagnosis services, and penetration of IT companies in the region will further boost the market growth in Asia-Pacific. To improve the efficiency of EHRs, China is going to develop Regional Healthcare Information Networks. It will allow communities to share information via central data centers. This addition of EHRs in region will grow the market in near future.

(Get 15% Discount on Buying this Report)

Get Report Sample Copy @

https://www.omrglobal.com/request-sample/asia-pacific-ehealth-market

The eHealth integrated with AI serves as an opportunity in developing nations, as it speeds up the diagnosis and automating elements of care delivery. However, there are some challenges for the adoption of AI technology in the healthcare system of the Asia-Pacific region. One of the major challenges is the shortage of skills; though there is a much-needed relief to the shortages of doctors with AI, it increases the demand for another human capital such as the need for medical professionals trained in AI and data science to interpret healthcare data. This challenge can be overcome by investing in these specialist skillsets for medical education and training for having future-proof healthcare systems in the region.

A Full Report of Asia-Pacific eHealth Marketis Available at:

https://www.omrglobal.com/report-customization/asia-pacific-ehealth-market

Asia-Pacific eHealth Market – Segmentation

By Type

Electronic Health Records (EHR)

Telemedicine

Health Information System (HIS/HIE)

mHealth

Clinical Decision Support System (CDSS)

Others (e-Prescribing and Laboratory     Information System)

By End-User

Healthcare Providers

Healthcare Consumers

Others (Pharmacies)

Asia-Pacific eHealth Market – Segmentation

China

India

Japan

Rest of Asia-Pacific

Company Profiles

·       AliveCor Inc.

·       Allscripts Healthcare Solutions, Inc.

·       AMD Global Telemedicine Inc.

·       athenahealth, Inc.

·       Carestream Health, Inc.

·       Cerner Corp.

·       Elsevier B.V.

Reasons to Buying From us –

1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @

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About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: [email protected]  Contact no: [phone]

#Asia-Pacific eHealth MarketShare

[crazyboytech]

Foresight invests £3M into global healthcare software provider NorthWest EHealth – India Education | Latest Education News | Global Educational News

Foresight invests £3M into global healthcare software provider NorthWest EHealth – India Education | Latest Education News | Global Educational News

Foresight Group, an award-winning listed infrastructure and private equity investment manager, has invested £3.0 million of growth capital into NorthWest EHealth Limited (“NWEH” or “the Company”), providers of software and services to the clinical trials market. Established in 2016, NWEH grew out of a collaboration between the University of Manchester, Salford Royal Foundation NHS Trust and…

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[rishabh3210blog]

Asia-Pacific eHealth Market Size & Growth Analysis Report 2026

Asia-Pacific eHealth market is projected to grow at a significant CAGR of around 10.6% during the forecast period (2020-2026). The major factors driving the market growth in the region includes the increasing government spending on healthcare infrastructure and the presence of a huge patient base of chronic diseases, such as CVD and cancer. The rise in demand for early diagnosis services, and penetration of IT companies in the region will further boost the market growth in Asia-Pacific. To improve the efficiency of EHRs, China is going to develop Regional Healthcare Information Networks. It will allow communities to share information via central data centers. This addition of EHRs in region will grow the market in near future.

(Get 15% Discount on Buying this Report)

Get Report Sample Copy @ https://www.omrglobal.com/request-sample/asia-pacific-ehealth-market

The eHealth integrated with AI serves as an opportunity in developing nations, as it speeds up the diagnosis and automating elements of care delivery. However, there are some challenges for the adoption of AI technology in the healthcare system of the Asia-Pacific region. One of the major challenges is the shortage of skills; though there is a much-needed relief to the shortages of doctors with AI, it increases the demand for another human capital such as the need for medical professionals trained in AI and data science to interpret healthcare data. This challenge can be overcome by investing in these specialist skillsets for medical education and training for having future-proof healthcare systems in the region.

A Full Report of Asia-Pacific eHealth Market is Available at: https://www.omrglobal.com/report-customization/asia-pacific-ehealth-market

Asia-Pacific eHealth Market – Segmentation

By Type

Electronic Health Records (EHR)

Telemedicine

Health Information System (HIS/HIE)

mHealth

Clinical Decision Support System (CDSS)

Others (e-Prescribing and Laboratory Information System)

By End-User

Healthcare Providers

Healthcare Consumers

Others (Pharmacies)

Asia-Pacific eHealth Market – Segmentation

China

India

Japan

Rest of Asia-Pacific

Company Profiles

AliveCor Inc.

Allscripts Healthcare Solutions, Inc.

AMD Global Telemedicine Inc.

athenahealth, Inc.

Carestream Health, Inc.

Cerner Corp.

Elsevier B.V.

Reasons to Buying From us –

We cover more than 15 major industries, further segmented into more than 90 sectors.

More than 120 countries are for analysis.

Over 100+ paid data sources mined for investigation.

Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/asia-pacific-ehealth-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: [email protected] Contact no: [phone]

[blogtechfuturemrfrworld]

Internet of Medical Things Market Future Growth, Development, Revenue, Top Key Players Analysis | Impact of COVID-19

The internet of medical things (IoMT) market is garnering substantial traction across the globe. The internet of medical things is impacting healthcare exponentially. The market growth attributes to rising numbers of connected medical devices, improving access to health services. New-age internet-connected devices are designed to improve efficiencies, lower healthcare costs, and bring better treatment outcomes. Besides, increasing healthcare expenditures worldwide boost market growth.

Given the improved computing power and wireless capabilities, healthcare organizations are increasingly leveraging IoMT technologies’ potential. Moreover, considerable progress in the digital transformation of health care this year, majorly due to the pandemic, escalates the market growth. According to Market Research Future (MRFR), the global internet of medical things (IoMT) market is projected to register a double-digit CAGR of 25.6% throughout the review period (2019–2025).

Additionally, the rising demand for connected devices and cost reduction in the medicinal delivery act as a key tailwind for the IoMT market. Furthermore, the need for improved healthcare outcomes and the evolution of high-speed networking technologies such as low-power wide-area networks (LPWANs) and similar others foster market growth. Technological advances are some of the promising areas of IoMT device market developments.

On the other hand, the lack of proper IoT technology skills across healthcare organizations is a major factor projected to impede market growth. Also, as the IoMT industry is still in its embryonic stage, it demands more initial investment costs and advances in the supply chain. Healthcare groups need to look to secure their medical internet of things (IoT) devices.

Due to the emergence of telemedicine, web-connected medical devices, and third-party companies in the supply chain, it has become extremely important for healthcare to secure data. Nevertheless, increasing uses of the internet of medical things technology across the healthcare verticals to control diagnostic and therapeutic machinery through electromechanical energy would support the market growth throughout the review period.

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Internet of Medical Things (IoMT) Market – Segments

The report is segmented into five dynamics;

By Component : Medical Devices, Systems & Software, and Services.

By Product Type :  Implantable Cardiac Devices, Vital Signs Monitoring Devices, Respiratory Devices, Anesthetic Machines, Imaging Systems, Ventilators, and others.

By Application : Telemedicine, Clinical Operations & Workflow Management, Connected Imaging, Inpatient Monitoring, Medication Management, and others.

By Connectivity Technology: Near Field Communication, Bluetooth Low Energy, Wi-Fi, ZigBee, and others.

By Regions :  Europe, North America, APAC and Rest of the World.

Global Internet of Medical Things Market – Geographical Analysis

North America dominates the global internet of medical things market. The largest market share attributes to increasing numbers of smartphone users, expanding penetration of 4G technology, and the need to curtail increasing healthcare costs in the region. Besides, the presence of well-established players and investments made by them in the development of IoT-enabled medical devices drive the regional market’s growth.

Industry players operating in the regional market are capable of delivering a range of customized solutions. Moreover, burgeoning biotechnology and biopharmaceutical sectors in the region substantiate the growth of the market. The North American IoMT market is expected to retain its dominance throughout the projected period.

Europe stands second in the global internet of medical things market. The market growth is driven by the rising medical automation and the presence of many notable players & well-established healthcare centers in the region. Additionally, prominent IoMT markets, such as the U.K., Germany, and France, coupled with the resurging economy in the region, improving the consumer purchasing power, boost the market growth. The European IoMT market is projected to create a substantial revenue pocket during the assessment period.

The Asia Pacific internet of medical things market is growing rapidly. Factors such as government initiatives to promote eHealth and the growing demand for quality healthcare products & services influence the regional market growth. Furthermore, the growing biotech and biopharmaceutical sectors in the region impact the market growth positively.

The growing market in countries like China, India & Japan is backed by the increasing patient population, rising healthcare expenditures, and the increasing demands for robotic surgeries to substantiate the market size. The APAC internet of medical things market is estimated to register the highest CAGR in the years to come.

Worldwide Internet of Medical Things Market – Competitive Landscape

The global IoMT market appears to be fiercely competitive and fragmented, with many well-established players having a global presence. Brand reinforcement, mergers & acquisitions, and innovation remain the popular trends for the market’s key players.

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Major Players

Players leading the global IoMT market are Koninklijke Philips N.V., GE Healthcare, Medtronic plc, IBM Corporation, Cisco Systems, Inc., Siemens AG, Boston Scientific Corporation, Welch Allyn, Inc., Johnson & Johnson Services, Inc., Agamatrix, Biotronik, Sciencesoft, Telit, KORE Wireless, and STANLEY Healthcare, among others.

Industry/ Innovation/ Related News:

October 16, 2020 —- Savana (Spain), an international medical company, announced raising €12.8M funds to transform electronic health records into Big Data to unlock life-saving insights. Technologies such as the Internet of Medical Things (IoMT), cloud computing, Natural Language Processing (NLP), and Artificial Intelligence (AI) can help streamline health care delivery and align it with changing consumer preferences.

Savana develops technologies such as artificial intelligence (AI), machine learning, and deep learning, providing real-time access to patient population information, reading all clinical documents, including unstructured information, and converting the collected information into knowledge.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact: Market Research Future 528, Amanora Chambers, Magarpatta Road, Hadapsar Pune – 411028, Maharashtra, India Email: [email protected]

[sandlerresearch]

GNSS Simulators Market by Component Type (Single Channel and Multichannel), GNSS Receiver (GPS, Galileo, GLONASS, and BeiDou), Application (Vehicle Assistance Systems, Location-based Services, and Mapping), Vertical, and Region - Global Forecast to 2025 published on

https://www.sandlerresearch.org/gnss-simulators-market-by-component-type-single-channel-and-multichannel-gnss-receiver-gps-galileo-glonass-and-beidou-application-vehicle-assistance-systems-location-based-services-and-map.html

GNSS Simulators Market by Component Type (Single Channel and Multichannel), GNSS Receiver (GPS, Galileo, GLONASS, and BeiDou), Application (Vehicle Assistance Systems, Location-based Services, and Mapping), Vertical, and Region - Global Forecast to 2025

“The growing penetration of consumer IoT, as IoT devices play an important role in a broad range of applications, such as navigation, mapping, and location-based services, is contributing to the growth of GNSS simulators software, hardware, and services.”

The global GNSS simulators market size to grow from USD 106 million in 2020 to USD 165 million by 2025, at a Compound Annual Growth Rate (CAGR) of 9.3% during the forecast period. Various factors such as rapid penetration of consumer IoT, the contribution of 5G in enabling ubiquitous connectivity, and increasing use of wearable devices utilizing location information are expected to drive the adoption of the GNSS simulators hardware, software, and services. The objective of the report is to define, describe, and forecast the GNSS simulators market size based on component, type, GNSS receiver, application, vertical, and region.

COVID-19 has shocked the world and sent economies spinning. It was late-2019 when the virus first appeared in the Chinese city of Wuhan. Initially, it only affected China, but its effects started being felt around the globe, with many countries implementing lockdown. The volunteers from Slovakian company Sygic and other technology companies developed a mobile application, aiming to slow down the spread of COVID-19. The technology used GNSS and Bluetooth sensors to determine if the user came into contact with an infected person in the last 14 days. According to a study by Science Daily published in September 2020, the quality of GNSS reflectometry measurements may have improved significantly during the pandemic because of the lack of cars parked near the ground station. The researchers showed that parked cars significantly reduced the quality of the elevation data by scattering the GNSS signals, causing them to be reflected several times before they reached the antenna, like a cracked mirror.

In the year 2019, many Communications Service Providers (CSPs) started trials and rollouts of 5G networks. Many countries were getting ready for rollouts through spectrum auctions, infrastructure contracts, and other initiatives. But due to the advent of the COVID-19 pandemic, there has been a huge impact on both rollouts and readiness for 5G. Countries have started witnessing delays in their spectrum auctions. Technologies deployed in 5G network contain a wide bandwidth for better time resolution, which makes 5G networks a convenient environment for accurate positioning. Hence, it also plays an important role in GNSS. So, the COVID-19 pandemic has indirectly impacted the GNSS as 5G/GNSS will be the core of future location engines for many applications in the Location-Based Services (LBS) and IoT domains.

The managed services segment to grow at a higher CAGR during the forecast period

The GNSS simulators services market is expected to gain traction in the coming years with the growing adoption of GNSS simulator hardware and software. GNSS simulator services are divided into managed services and professional services. Managed services areexpected to grow at higher CAGR as it include support, maintenance, and infrastructure management. The demand for services in the GNSS simulators market is expected to grow rapidly in the coming years, as they support various business objectives.

The navigation application segment to have the largest market size during the forecast period

The GNSS simulators market by applications has been segmented into navigation, mapping, surveying, LBS, vehicle assistance systems, and others (timing and synchronization, gaming, weather forecasting, telematics). Navigation constellations represent strategic assets that are controlled by governmental budgets, and in most countries, it is controlled by military budgets supporting critical infrastructures for time synchronization, contributing to the growth of navigation applications.

The multichannel GNSS simulator  to have higher CAGR during the forecast period

The GNSS simulators market by type has been segmented into single-channel and multichannel. Multichannel simulator is expected to register a higher CAGR during the forecast period. The adoption of multichannel simulators is catching pace as they can perform simulations of multiple satellite signals and are also capable of simulating single or multiple frequencies.

Among regions, Asia-Pacific to account for higher CAGR during the forecast period

Due to the COVID-19 pandemic, eHealth technologies are being utilized all across APAC, with telemedicine including online medical appointments being widely adopted in China. GNSS-based contact tracing apps are used in South Korea, India, Taiwan, and China, contributing to the growth of GNSS simulators in APAC.

Breakdown of primaries

In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the GNSS simulators market.

By Company: Tier II: 55%, and Tier III: 45%

By Designation: C-Level Executives: 60%, D-Level Executives: 20%, and Managers: 20%

By Region: North America: 30%, APAC: 20%, Europe: 40%, MEA: 5%, Latin America: 5%

The report includes the study of key players offering GNSS simulators solutions and services. It profiles major vendors in the global GNSS simulators market. The major vendors in the global GNSS simulators market are include Spirent Communications (US), Rohde & Schwarz (Germany), VIAVI Solutions (US), Hexagon (Sweden), Keysight Technologies (US), u-blox (Switzerland), Orolia (US), CAST Navigation (US), Accord Software and System (India), IFEN (Germany), Racelogic (UK), Syntony GNSS (France), Teleorbit (Germany), iP-Solutions (Japan), Pendulum Instruments (Poland), Saluki Technology (Taiwan), Shanghai Huace Navigation Technology Ltd (China), Averna (Canada), GMV NSL (England), Brandywine Communications (US), Jackson Labs Technologies (US), Hunan Shuangln Electronic Technology (China), Work Microwave (Germany), Qascom (Italy), and M3 Systems (France).

Research Coverage

The market study covers the GNSS simulators market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as components, applications, organization size, end-user, and region. It includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report

The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall GNSS simulators market and its sub segments. It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

#Semiconductor & Electronics